Old Dominion Freight Line announced Monday a 4.9% general rate increase across various tariff codes effective Oct. 5, moving the date up by a month for the second consecutive year.
Final-mile warehouse operator Link Logistics announced it has acquired a four-property, 700,000-square-foot portfolio.
As expected, Hub Group has received an official delisting notification from Nasdaq after missing a financial reporting deadline.
Trucking executives said this week that the regulatory crackdown on noncompliant drivers remains in the early stages, suggesting large carriers could continue to secure significant rate increases even under modest demand.
J.B. Hunt Transport Services warned late Tuesday that third-quarter earnings could fall 5% to 10% sequentially due to surging fuel and driver-related costs.
Radiant Logistics beat fiscal fourth-quarter expectations due to a solid performance in its international business and a tightening domestic surface transportation market, which is expected to more meaningfully boost results moving forward.
Less-than-truckload carrier FedEx Freight named Mike Rodgers as chief commercial and technology officer, following the recent termination of an executive.
Cass data showed truckload linehaul rates were up sharply year over year in August, with freight volumes finally inflecting positively after 42 months of decline.
Hub Group expects a Nasdaq delisting notice after missing a financial reporting deadline due to an accounting error, but plans to request a hearing to maintain its stock listing.
Spartan Logistics announced it has acquired Allen Logistics, adding 100,000 square feet of space to its asset-based network of over 20 dry storage and food-grade warehouses.
Descartes Systems Group reported another record-breaking quarter as the global trade environment continues to evolve.
Private equity firms have acquired 3PL Navajo Expedited, aiming to enhance its driver-vetting and pricing automation capabilities while pursuing complementary acquisitions.
ArcBest saw a modest acceleration in year-over-year tonnage growth during August as shipment weights surged.
Less-than-truckload carrier XPO remains positioned to hit its third-quarter guidance after releasing its August operating metrics Thursday after the market closed.
August year-over-year tonnage growth accelerated for less-than-truckload carrier Saia, aided by a softer prior-year comparison than in July.
Old Dominion Freight Line’s August update showed an acceleration in yield growth, with volumes closing in on positive territory.
FedEx Freight announced that it has terminated Chief Specialized Services and Commercial Officer Mike Lyons, who was appointed to the role ahead of the company’s spinoff from FedEx Corp.
Broker FitzMark has acquired United Transportation Services, which specializes in third-party logistics for trade shows.
Bankrupt Yellow Corp. has reached a deal to settle outstanding claims from pension funds, bringing an end to a three-year legal battle and clearing the path for creditors and former employees to get paid.
Manufacturing activity remained expansionary for an eighth straight month in August, with a continued slowing in delivery times.